Monday, December 2, 2013
Moving closer? Changing patterns of labour mobility in Europe and the US
Labour mobility is one of the keys to a successful currency union – be it within or across nations. This column discusses new evidence showing that the shock-absorbing role of migration has increased in Europe and declined in the US. During the Great Recession, European migration remained high – although not high enough given the vast differences across the Eurozone. Overall, Europe has strengthened this essential adjustment mechanism. Read the full column here.
Posted by at 10:28 PM
Labels: Inclusive Growth
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